A Meaningful Purpose
EIN: 843830363 · Margate City, NJ · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $2.2M |
| Net Assets | $1.5M |
Is A Meaningful Purpose Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About A Meaningful Purpose
A Meaningful Purpose (EIN: 843830363) is a nonprofit organization based in Margate City, NJ, classified under NTEE code D20. The organization reported total revenue of $2.1M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Meaningful Purpose's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A Meaningful Purpose is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 50.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$232K |
| Total Assets | $1.5M |
| Total Liabilities | $23K |
| Net Assets | $1.5M |
| Operating Margin | 9.6% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 8.1 months |
Financial Health Grade: A
In 2023, A Meaningful Purpose reported a surplus of $232K with revenue exceeding expenses, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), A Meaningful Purpose's revenue has grown at a compound annual growth rate (CAGR) of 50.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.6% | +108.1% | +7.8% |
| 2022 | +74.7% | +41.4% | +130.3% |
| 2021 | +30.4% | +141.2% | +45.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for A Meaningful Purpose has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A Meaningful Purpose with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $232K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about A Meaningful Purpose
Is A Meaningful Purpose a legitimate charity?
Based on AI analysis of IRS 990 filings, A Meaningful Purpose (EIN: 843830363) insufficient data. 0 red flags identified, 0 strengths noted.
How does A Meaningful Purpose spend its money?
Detailed spending breakdown data is not yet available for A Meaningful Purpose. Check back for updated IRS 990 analysis.
Are donations to A Meaningful Purpose tax-deductible?
A Meaningful Purpose is registered as a tax-exempt nonprofit (EIN: 843830363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is A Meaningful Purpose located?
A Meaningful Purpose is headquartered in Margate City, New Jersey and files with the IRS under EIN 843830363. It is classified under NTEE code D20.
How many years of IRS 990 filings does A Meaningful Purpose have?
A Meaningful Purpose has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.1M in total revenue.
Filing History
IRS 990 filing history for A Meaningful Purpose showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), A Meaningful Purpose's revenue has grown by 238.6%, moving from $712K to $2.4M. Total assets increased by 261.3% over the same period, from $408K to $1.5M. Total functional expenses rose by 609.5%, from $307K to $2.2M. In its most recent filing year (2023), A Meaningful Purpose reported a surplus of $232K, with revenue exceeding expenses. The organization holds $23K in liabilities against $1.5M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.2M | $1.5M | $23K | — | — |
| 2022 | $1.6M | $1.0M | $1.4M | $11K | — | — |
| 2021 | $929K | $741K | $594K | $737 | — | View 990 |
| 2020 | $712K | $307K | $408K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.2M, and assets of $1.5M (revenue +48.6% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.0M, and assets of $1.4M (revenue +74.7% year-over-year).
- 2021: Revenue of $929K, expenses of $741K, and assets of $594K (revenue +30.4% year-over-year).
- 2020: Revenue of $712K, expenses of $307K, and assets of $408K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A Meaningful Purpose:
Data Sources and Methodology
This transparency report for A Meaningful Purpose is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.